Intrinsic Valuation of: INDIANB
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2021 - - EPS (FY) 87 Market Cap ₹1,105B
2022 - - (-) P/E Ratio 9 Total Asset ₹9,916B
2023 ₹-282B - (-) Net Income ₹117B Total Debt ₹0
2024 ₹-92B 67.3% (71.2%) EBITDA - Total Liab ₹9,115B
2025 ₹169B 282.4% (265.1%) Opr Margin - Debt/Equity -
2026 ₹184B 8.9% (1.5%) PreTax Margin - BV/Share 594
5Y Average FCF ₹-6B 15.0% (112.6%)
Overall Market Assumptions:
Assumptions: P/E for No-Growth Company: 7.0
Perpetual Growth Rate (g): 2.48% Historical US Bond Yield: 4.40%
Discount Rate (WACC): 7.00% Current US Bond Yield: 3.48%
Forcasting Future Free Cash Flow for next 6Y Modified Benjamin Graham's Intrinsic Value
Year FCF Projection (15.0%)
2027 ₹209B MBG Intrinsic Value ₹777
2028 ₹235B
2029 ₹258B
2030 ₹277B
2031 ₹291B
2032 ₹298B
Terminal Value ₹6,766B Net Worth/Share ₹595
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹5,737B Growth Rate
(+) Cash & Cash Equivalents ₹657B ₹4,747 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹0 WACC 6.5% 4,485 4,841 5,286 5,857 6,618
Equity Value ₹6,394B 7.1% 4,035 4,306 4,635 5,044 5,565
Shares Outstanding 1,346,963,981 7.8% 3,669 3,880 4,131 4,434 4,809
8.4% 3,371 3,538 3,735 3,967 4,247
DCF Intrinsic Value ₹4,747 9.0% 3,126 3,262 3,419 3,603 3,819
Analyzed by QuantJuice (2025)